10500 Bierstadt WayLone Tree, CO 80112

Property Details for 10500 Bierstadt Way

Year built

2002

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.30 AC

Property size (Sq ft)

12,697 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

R0436461

APU

R0436461

Description

This exceptional single-tenant retail or restaurant property presents a unique investment opportunity. The former Hacienda building boasts 12,651 square feet of space situated on a generous 3.3-acre lot. Its prime location within the Meridian Office Park offers outstanding visibility to Interstate 25, ensuring high traffic and exposure to a large potential customer base. The property benefits from strong daytime and residential demographics, providing a robust market for a variety of commercial uses. The substantial size of the lot and building offers significant flexibility for redevelopment or expansion, catering to the needs of a wide range of businesses. Currently operating as a tenant-occupied property, this presents a passive income stream for an investor while offering future development potential. The property's strategic location and size make it an ideal investment for those seeking a high-visibility commercial space with significant growth potential. Please note: Tenant is currently operating; please do not disturb. This information is provided as is and should be independently verified. All interested parties are encouraged to conduct their own due diligence.

• CAP approach

  CAP return

  Valuation

  6%

  $4,082,584

  6.5%

  $3,768,539

  7%

  $3,499,358

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,643,546

  Geo Method

  $2,643,546

• Alternative Use

  Use

  Valuation

  Residential

  $3,178,904

  Hospitality

  $2,911,859

  Educational

  $2,422,632

  Medical

  $2,505,950

  Retail

  $3,768,539

Location Insight

City

Englewood

County

Douglas

State

Colorado

Latitude

39.5436

Longitude

-104.868

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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